ETFGI reports that assets invested ETFs and ETPs listed in Japan reached a new record high of US$391.89 billion at the end of November 2019
LONDON— December 20, 2019 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs and ETPs listed in Japan saw net outflows of US$949 million in November, bringing year-to-date net inflows to US$35.74 billion. Assets invested in the Japanese ETF/ETP industry have increased slightly, from US$391.87 billion at the end of October to a record US$391.89 billion, according to ETFGI's November 2019 Japanese ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
At the end of November 2019, the Japan ETFs/ETPs industry had 224 ETFs/ETPs, with 259 listings, from 19 providers on 2 exchanges.
Highlights
- Assets invested in the Japanese ETF/ETP industry hit a new record of $391.89 billion.
- YTD the Bank of Japan has purchased $38 Bn in ETFs/ETPs and reports holding $255 Bn in ETFs/ETPs.
- Year-to-date net inflows of $35.74 billion are the 4thhighest behind November 2015 with $39.52 billion
- Assets invested in the Japanese ETF/ETP industry increased for 6 consecutive months.
“During November the S&P 500 gained 3.6% as global markets were resistant to fears of inflation and showed optimism on the trade talks. Global equities as measured by the S&P Global BMI were up 2.5% and the
S&P Emerging BMI gained 0.1%.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
Japan ETF and ETP asset growth as at the end of November 2019
Leveraged/Inverse ETFs/ETPs listed in Japan had net inflows of $306 million in November, bringing inflows for the year to November 2019 to $2.84 billion, greater than the $741 million in net outflows leveraged/Inverse products had in the year to November 2018. Alternative ETFs/ETPs listed in Japan had net inflows of $78 million in November, bringing inflows for the year to November 2019 to $335 million, higher than the $71 million in net outflows Alternative products had in the year to November 2018. Equity ETFs/ETPs listed in Japan saw net outflows of
$1.14 billion in November 2019, bringing net inflows for the year to November 2019 to $36.37 billion, substantially less than the $61.73 billion in net inflows equity products had attracted in the year to November 2018.
At the end of November 2019, the Bank of Japan held ETF/ETP assets of $255 Bn. During November 2019, the Bank of Japan purchased ETF/ETP assets to the value of $1 Bn and YTD $38 Bn.
Substantial inflows can be attributed to the top 20 ETF’s by net new assets, which collectively gathered $1.74 billion in November, the MAXIS NIKKEI225 ETF (1346 JP) gathered $436.84 million alone.
Top 20 ETFs by net new assets November 2019: Japan
|
Name |
Ticker |
Assets |
NNA |
NNA |
|
MAXIS NIKKEI225 ETF |
1346 JP |
13,613.86 |
(71.93) |
436.84 |
|
NEXT FUNDS Nikkei 225 Double Inverse Index Exchange Traded Fund |
1357 JP |
2,428.47 |
2,209.10 |
234.38 |
|
NEXT FUNDS Tokyo Stock Exchange REIT Index ETF |
1343 JP |
3,514.02 |
139.35 |
119.71 |
|
SMDAM REIT Index ETF |
1398 JP |
931.31 |
294.88 |
98.70 |
|
Daiwa ETF Tokyo Stock Exchange REIT Index |
1488 JP |
1,116.76 |
323.16 |
98.60 |
|
Nikkei 225 Exchange Traded Fund |
1321 JP |
57,542.82 |
(675.75) |
94.49 |
|
Listed Index Fund J-REIT (Tokyo Stock Exchange REIT Index) Bi-Monthly Dividend Payment Type |
1345 JP |
2,484.30 |
(51.84) |
89.81 |
|
Kokusai S&P500 VIX Short-Term Futures Index ETF |
1552 JP |
291.37 |
335.92 |
78.13 |
|
MAXIS J-REIT ETF |
1597 JP |
1,503.10 |
(18.90) |
71.71 |
|
One ETF Tokyo Stock Exchange REIT Index |
2556 JP |
238.75 |
235.99 |
64.44 |
|
iShares Japan REIT ETF |
1476 JP |
2,433.26 |
584.45 |
62.64 |
|
NZAM ETF Nikkei 225 |
2525 JP |
592.90 |
537.96 |
59.31 |
|
MAXIS JPX-Nikkei Index 400 ETF |
1593 JP |
3,827.15 |
735.14 |
43.26 |
|
Listed Index Fund JPX-Nikkei Index 400 |
1592 JP |
2,020.94 |
247.04 |
41.41 |
|
One ETF JPX-Nikkei 400 |
1474 JP |
1,342.55 |
244.26 |
29.48 |
|
Rakuten ETF-Nikkei 225 Double Inverse Index |
1459 JP |
221.29 |
187.47 |
29.04 |
|
Simplex - Nikkei Average Bear Double Exchange Trade Fund |
1360 JP |
381.23 |
292.81 |
28.63 |
|
NZAM ETF J-REIT Core Index |
2527 JP |
319.34 |
278.92 |
23.83 |
|
iShares USD Investment Grade Corporate Bond JPY Hedged ETF |
1496 JP |
154.20 |
58.29 |
20.74 |
|
NZAM ETF J-REIT Index |
1595 JP |
2,058.08 |
155.93 |
18.29 |
Investors have tended to invest in Leveraged/Inverse and Alternative ETFs/ETPs in November.
Contact deborah.fuhr@etfgi.comif you have any questions or comments on the press release or ETFGI events, research or consulting services.
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About Deborah Fuhr
Previously Deborah Fuhr served as global head of ETF research and implementation strategy and as a managing director at BlackRock/Barclays Global Investors from 2008 – 2011. She also worked as a managing director and head of the investment strategy team at Morgan Stanley in London from 1997 – 2008, and as an associate at Greenwich Associates.
She has been working with investors, ETF, ETP providers, index providers, exchanges, MMs and APs, regulators, trade associations, custodians, law firms, accounting firms around the world since 1997.
ETFGI is honored to count as our research and consulting clients some of the leading firms in the ETF Ecosystem around the world as well as some new entrants and firms that are considering entering the ETF, ETP industry.
Past awards for Ms Fuhr include the ETF.com’s 2018’s Lifetime Achievement Award, the recipient of the 100 Women in Finance 2017 European Industry Leadership Award, the 2014 William F. Sharpe Lifetime Achievement Award for outstanding contributions to the field of index investing and she named one of the “100 Most Influential Women in Finance” by Financial News over several years, most recently in 2016.
Deborah Fuhr is a founder and board member of Women in ETFs “WE” the first women’s group for the ETF industry. Founded in January 2014, WE is a non-profit organization that brings together over 5,300 members, including women and men, in chapters in major financial centers around the world to CONNECT, SUPPORT and INSPIRE. WE achieves this by organizing events at our chapters globally that support our goals of education, networking, philanthropy, and idea sharing across the industry and beyond. For more information, visit: www.womeninetfs.com
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